During every Ramzan inflation increases by 500 per cent and this has not changed in the last 75 years. The rise of inflation during Ramzan in Pakistan is very strange because, in countries where the Muslim population is one per cent or even less, the governments supply up to 75 per cent reli
Retired government employees in Pakistan-occupied Kashmir's (PoK's) Muzaffarabad town took to the streets demanding a rise in pension and medical allowance as inflation has taken a heavy toll on their everyday lifestyle.
Pakistan's year-on-year inflation hit 35.37 per cent in March -- the highest in nearly five decades -- as the government scrambled to meet International Monetary Fund (IMF) conditions to unlock a desperately needed bailout.
According to Pakistan's newspaper, the second-round effect of the policy decision had led to decisions like a rise in energy and fuel prices, the central bank's policy rate, and the rupee's depreciation to secure International Monetary Fund's funding.
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs.
The ministry of labour and employment said this increase was due to the increase in prices of medicine, doctor's fees, barber charges, bus fare, washing shops, cinema tickets, etc.
Retail inflation in India fell marginally but remained above RBI's 6 per cent upper tolerance band for the second straight month in February, with the Consumer Price Index pegged at 6.44 per cent, government data showed.
Retail inflation in India remained above RBI's upper tolerance band for the second straight month in February 2023, with the Consumer Price Index pegged at 6.44 per cent, government data released on Monday showed.
Consumer prices rose significantly in the outgoing week on the back of onions, chicken, eggs, rice, cigarettes and fuel, official data showed on Friday, driving the weekly inflation to over 40 per cent for the first time in over five months. Though week-on-week inflation eased slightly, it s
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.
India's retail inflation was above RBI's six per cent target for three consecutive quarters and had managed to fall back to the RBI's comfort zone only in November 2022.